Former rep banned, fined $50,000
Ex NBF broker transferred funds without clients’ consent and forged client signatures
- By: IE Staff
- August 28, 2015 December 19, 2017
- 16:45
Latest news in From the Regulators
BCSC sanctions couple for tipping, insider trading
Consulting geologist with Geo Minerals tipped wife
- By: IE Staff
- August 28, 2015 December 19, 2017
- 12:55
AMF investigating alleged insider trading
Former BCE executive assistant allegedly communicated privileged information to family and friends
- By: The Canadian Press
- August 27, 2015 December 19, 2017
- 17:25
CFTC permits direct access for two Canadian exchanges
ICE Futures Canada and Montreal Exchange can provide U.S. firms direct access to their trading systems
- By: James Langton
- August 27, 2015 December 19, 2017
- 09:00
FINRA re-issues investor alert on market risk
The alert outlines the steps investors can take to minimize the risks they may face in their portfolios
- By: James Langton
- August 26, 2015 December 19, 2017
- 14:40
IIROC suspends and fines advisor for various infractions
Former Laurentian Bank Securities rep sanctioned for executing unsuitable transactions to generated commissions and for forging a client’s signature on an application form
- By: Tessie Sanci
- August 26, 2015 December 19, 2017
- 08:35
Milestone reached in transition to the CCMR
Provinces publish revised draft of Capital Markets Act
- By: James Langton
- August 25, 2015 December 19, 2017
- 15:15
OSC levies $2.7 million in sanctions in tipping and insider trading case
Bay Street lawyer passed on information to advisors
- By: James Langton
- August 25, 2015 December 19, 2017
- 13:30
IIROC issues final guidance on price thresholds
The adoption of these controls aims to help reduce short-term, unexplained price volatility and to address risks arising from electronic trading.
- By: James Langton
- August 25, 2015 December 19, 2017
- 12:00
SEC concerned with sales of structured products
The regulator’s compliance exams found weak suitability controls and significant weakness in supervision
- By: James Langton
- August 24, 2015 December 19, 2017
- 15:20
IIROC to raise members’ fees
The SRO will retain its surplus to cushion the impact of a new accounting standard and anticipated capital expenditures
- By: James Langton
- August 24, 2015 December 19, 2017
- 14:45
OSC seeks sanctions against admitted fraudster
Paul Camillo DiNardo is serving time in prison for his role in a couple of alleged investment scams
- By: James Langton
- August 24, 2015 December 19, 2017
- 13:25
FINRA sanctions Charles Schwab US$2 million
The U.S. brokerage firm had several control and supervisory failures that led to several brief capital deficiencies in 2014
- By: James Langton
- August 24, 2015 December 19, 2017
- 09:30
ASC issues fines and market bans against two brothers
The decision comes after the Cadman brothers violated the terms of a previous regulatory settlement they entered into in 2008
- By: James Langton
- August 21, 2015 December 19, 2017
- 14:50
FINRA to review firms’ approach to compensation-driven conflicts of interest
The SRO’s notice states that conflicts represent a recurring challenge that can compromise the quality of services firms and advisors provide
- By: James Langton
- August 21, 2015 December 19, 2017
- 09:35
OSC bans and fines three parties for role in illegal distribution
Portfolio Capital, David Rogerson and Amy Hanna-Rogerson were banned permanently and sanctioned for various infractions
- By: James Langton
- August 20, 2015 December 19, 2017
- 14:50
OSFI introduces draft guideline on operational risk management
The guideline calls for firms to integrate operational risk management fully within their overall risk-management programs
- By: James Langton
- August 20, 2015 December 19, 2017
- 13:40
Promontory Financial settles with New York regulator
Regulatory consulting firm to pay US$15M in settlement of Standard Chartered case
- By: James Langton
- August 19, 2015 December 19, 2017
- 10:30
Global regulators report on efforts to standardize reporting data on OTC derivatives
IOSCO, CPMI seek comments on consultative report
- By: James Langton
- August 19, 2015 December 19, 2017
- 10:00
BNY Mellon to pay US$14.8M to settle bribery case
Bank gave valuable internships to unqualified relatives of officials at a Middle Eastern sovereign wealth fund
- By: Marcy Gordon
- August 18, 2015 December 19, 2017
- 14:45
National securities regulator won’t pressure provinces to get onboard: chairman
William Black plans to travel to the non-participating provinces to “assure them that the door’s always open”
- By: Alexandra Posadzki
- August 18, 2015 December 19, 2017
- 14:45
OSC lays quasi-criminal charges on Waterloo woman
Following a settlement earlier this year, Michelle Dunk has been charged with alleged breaches of the Securities Act in a separate case
- By: James Langton
- August 17, 2015 December 19, 2017
- 11:15
OSC announces Investment Funds Product Advisory Committee members
The IFPAC advises OSC staff on product developments and innovations in the investment funds industry
- By: IE Staff
- August 17, 2015 December 19, 2017
- 10:15
FSCO aims to strengthen best practices for mortgage brokers
New checklist will help mortgage brokers detect and prevent fraud when conducting a mortgage transaction
- By: Fiona Collie
- August 13, 2015 December 19, 2017
- 11:30
CSA proposes harmonized reporting for the exempt market
The proposed report is intended to reduce the compliance burden for issuers and underwriters
- By: James Langton
- August 13, 2015 December 19, 2017
- 11:00